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The Chase Sapphire Preferred card maintains its place as a favorite among travelers and points enthusiasts. Celebrating its seventh consecutive win as the Best Travel Rewards Credit Card in the 2024 TPG Awards, it continues to be a strong contender in the competitive credit card market. This popularity is reflected in its consistent ranking among favorite credit cards by TPG staffers.
The card offers a notable welcome bonus for new cardholders. They can earn 100,000 bonus points after spending $5,000 within the first three months of account opening. "Based on TPG's April 2025 valuations, this offer is worth $2,050."
A key feature of the Sapphire Preferred card is its attractive earning rates. "5 points per dollar on hotels and car rentals booked through Chase Travel℠, 5 points per dollar on eligible Lyft rides (through Sept. 30, 2027), and 3 points per dollar spent on dining, select streaming services and online grocery store purchases," are some of the highlighted categories.
